Saturday 10 October 2026 Export all THO data to Excel Powerpack

Thor Industries, Inc.

THO Consumer Cyclical Recreational Vehicles

Thor Industries, Inc.’s revenue for fiscal 2026 (year ended July 2026) was $9.6 billion, roughly unchanged from fiscal 2025. In the quarter to July 2026, revenue fell 8.41%, EPS fell 67.0%, free cash flow fell 26.7% and total debt fell 5.96%, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.

63.87 2.24 −3.39%

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Market cap: $3.4B
P/E: 18.8×
Fwd P/E: 15.7×
Dividend yield: 3.26%
F-score: 7/9
Altman Z: 3.45
Beneish M: −2.52
Dividend safety: 69/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.23

Total sells 0.70

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	1	—	—	—	—	—	—	—
Sell	—	1	1	—	—	—	—	—	—	—	—	—

Insider Ownership 6.22%

Capital & Financial Ratios $m

Market Cap 3,410.00

Revenue 9,608.14

Net Income 174.65

Free Cash Flow 236.71

Net Debt 385.97

Current Ratio 1.77

Debt/Equity 0.20

P/E ratio 18.79

Fwd P/E 15.70

P/S ratio 0.35

P/B ratio 0.79

Past 5Y EPS Growth (22.19%)

This Y EPS Growth 9.88%

Next Y EPS Growth 31.57%

Next Y revenue growth 0.96%

Next 5Y EPS Growth 16.42%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 62.48%

10-year low 10-year high

P/S against its own 10 years 12.92%

10-year low 10-year high

P/B against its own 10 years 0.04%

10-year low 10-year high

EV/Sales against its own 10 years 6.46%

10-year low 10-year high

EV/FCF against its own 10 years 66.77%

10-year low 10-year high

Dividends

Payout Ratio 0.61

Annual Dividend Rate 2.08

Annual Dividend Yield 3.26%

	total	individual payouts
2029	Powerpack
2028	Powerpack
2027	Powerpack
2026	2.08	0.52 0.52 0.52
2025	2.02	0.50 0.50 0.50 0.52
2024	1.46	0.48 0.48 0.50
2023	1.86	0.45 0.45 0.48 0.48
2022	1.76	0.43 0.43 0.45 0.45
2021	1.68	0.41 0.41 0.43 0.43
2020	1.62	0.40 0.40 0.41 0.41
2019	1.58	0.39 0.39 0.40 0.40
2018	1.52	0.37 0.37 0.39 0.39
2017	1.40	0.33 0.33 0.37 0.37
2016	1.26	0.30 0.30 0.33 0.33

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	2026
Cash	441	501	587	482
Receivables	643	701	707	701
Inventory	1,653	1,367	1,352	1,423
Other	—	—	—	—
	2,794	2,650	2,778	2,740

	2023	2024	2025	2026
Payables	736	628	738	741
ST’ Debt	11	33	3	3
Other	66	60	—	—
	1,716	1,567	1,585	1,550

Compound Annual Growth %

	10y	5y	3y
Sales	7.69%	(4.85%)	(4.76%)
Cash Flow	(0.60%)	(9.41%)	(31.09%)
Earnings	(3.61%)	(23.09%)	(22.01%)
Book Value	12.91%	7.64%	2.26%

Revenue $m

	Oct	Jan	Apr	Jul	Year
’26	—	—	—	—	—
’26	2,389	2,126	2,782	2,312	9,608
’25	2,143	2,018	2,895	2,524	9,579
’24	2,501	2,207	2,801	2,534	10,043
’23	3,108	2,347	2,929	2,738	11,122
’22	3,958	3,875	4,658	3,822	16,313
’21	2,537	2,728	3,459	3,593	12,317

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Oct	Jan	Apr	Jul	Year
’26	—	—	—	—	—
’26	(45)	(112)	234	244	321
’25	31	31	258	259	578
’24	60	(104)	252	338	546
’23	94	91	289	508	982
’22	42	256	339	353	990
’21	(81)	(7)	264	351	526

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Oct	Jan	Apr	Jul	Year
’26	—	—	—	—	—
’26	(66)	(123)	233	192	237
’25	9	22	225	262	518
’24	22	(132)	236	305	431
’23	41	47	240	459	787
’22	(1)	182	287	296	764
’21	(105)	(31)	231	304	400

Fiscal quarters ending in the months shown.

EPS $

	Oct	Jan	Apr	Jul	Year
’26	—	—	—	—	—
’26	0.41	0.34	1.86	0.78	3.38
’25	(0.03)	(0.01)	2.53	2.37	4.81
’24	0.99	0.13	2.13	1.68	4.94
’23	2.53	0.50	2.24	1.68	6.95
’22	4.34	4.79	6.32	5.15	20.59
’21	2.05	2.38	3.29	4.12	11.85

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	87.96	47.71	42.05	32.30	92.20	66.26	74.50	88.37	63.16	63.73	Analyst estimates 2027–2029 Powerpack
	High	156.86	161.48	76.80	121.33	152.20	108.58	122.00	129.31	117.09	122.83
People
People	Employees	17,800	17,500	21,750	22,250	31,000	32,000	24,900	22,300	20,900	19,500
	Revenue/emp, $m	0.41	0.48	0.36	0.37	0.40	0.51	0.45	0.45	0.46	0.49
Income, $m
Income, $m	Revenue	7,247	8,329	7,865	8,168	12,317	16,313	11,122	10,043	9,579	9,608
	Gross margin, %	14.40	13.98	12.37	13.69	15.38	17.20	14.35	14.46	13.99	12.62
	EBT	556	633	185	273	845	1,460	499	349	296	239
	EBT margin, %	7.68	7.60	2.35	3.34	6.86	8.95	4.49	3.47	3.09	2.48
	Net income	374	430	132	221	661	1,138	374	265	257	175
	Depreciation	100	95	155	207	246	296	288	295	279	270
Per share, $
Per share, $	Revenue	137.87	158.12	145.90	148.04	222.60	296.40	207.97	188.62	180.45	183.48
	Earnings	7.12	8.17	2.47	4.04	11.93	20.67	7.00	4.98	4.86	3.39
	Cash flow	7.98	8.86	9.42	9.80	9.51	17.99	18.36	10.25	10.89	6.13
	Capex	(2.10)	(2.55)	(2.37)	(1.43)	(2.29)	(4.11)	(3.64)	(2.15)	(1.12)	(1.61)
	Free cash flow	5.88	6.31	7.06	8.37	7.22	13.88	14.72	8.09	9.76	4.52
	Book value	29.99	36.79	38.87	42.51	53.28	65.42	74.49	76.51	80.80	81.35
	Shares, m	53	53	54	55	55	55	53	53	53	52
Valuation, ×
Valuation, ×	P/E	14.80	11.62	24.63	28.15	9.92	4.08	16.50	21.23	18.60	22.05
	P/S	0.76	0.60	0.41	0.77	0.53	0.28	0.56	0.56	0.50	0.41
	P/B	3.51	2.58	1.53	2.68	2.22	1.29	1.55	1.39	1.13	0.92
	EV/Sales	0.75	0.58	0.59	0.91	0.63	0.37	0.63	0.63	0.54	0.45
	EV/FCF	17.67	14.45	12.26	16.05	19.27	7.98	8.94	14.59	9.97	18.22
Cash, $m
Cash, $m	Operating cash flow	419	467	508	541	526	990	982	546	578	321
	Capex	(110)	(134)	(127)	(79)	(127)	(226)	(195)	(115)	(60)	(85)
	Free cash flow	309	332	381	462	400	764	787	431	518	237
Balance, $m
Balance, $m	Working capital	399	542	589	587	1,009	1,307	1,077	1,083	1,193	1,190
	Total debt	145	6	1,903	1,667	1,607	1,767	1,303	1,134	923	868
	Net debt	(78)	(269)	1,451	1,125	1,159	1,456	861	633	336	386
	Shareholders’ equity	1,577	1,938	2,095	2,346	2,948	3,601	3,983	4,074	4,290	4,260
Returns, %
Returns, %	ROA	15.33	16.12	3.16	3.90	10.62	16.18	5.10	3.72	3.67	2.53
	ROIC	23.35	23.68	4.34	6.97	13.82	18.94	7.55	5.63	4.04	2.65
	ROE	26.34	24.48	6.61	10.04	24.93	34.75	9.87	6.59	6.18	4.15

Negative figures in brackets.

All 10 years →

Fiscal years to Jul 2026 · latest quarter Jul 2026 · fundamentals updated 2 Oct 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
BC Brunswick Corporation	$4.0B	— (loss-making)	21.9×	+7.66% (above 0%: growing)	+88.76% (above 0%: growing)	+0.80% (above 0%: growing)	28.10%	8.31%	Compare
DOO BRP Inc.	$3.9B	46.5×	—	+16.59% (above 0%: growing)	n/m	+116.16% (above 0%: growing)	11.74%	(2.24%)	Compare
THO Thor Industries, Inc.	$3.4B	18.8×	15.7×	−8.41% (below 0%: shrinking)	−66.96% (below 0%: shrinking)	−26.73% (below 0%: shrinking)	12.36%	2.19%
PII Polaris Inc.	$3.0B	— (loss-making)	70.0×	+9.18% (above 0%: growing)	n/m	−33.49% (below 0%: shrinking)	23.65%	7.36%	Compare
HOG Harley-Davidson, Inc.	$2.8B	16.0×	65.6×	−5.86% (below 0%: shrinking)	−14.61% (below 0%: shrinking)	−53.23% (below 0%: shrinking)	31.74%	6.18%	Compare
PATK Patrick Industries, Inc.	$2.1B	13.9×	17.4×	−0.56% (below 0%: shrinking)	+36.00% (above 0%: growing)	−49.38% (below 0%: shrinking)	23.77%	7.40%	Compare
LCII LCI Industries	$2.0B	9.0×	10.6×	−12.52% (below 0%: shrinking)	+20.52% (above 0%: growing)	+88.04% (above 0%: growing)	31.09%	9.91%	Compare
WGO Winnebago Industries, Inc.	$696.8M	17.2×	16.1×	−9.86% (below 0%: shrinking)	−19.05% (below 0%: shrinking)	+155.68% (above 0%: growing)	13.58%	3.29%	Compare
MCFT MASTERCRAFT BOAT HOLDINGS, INC.	$474.6M	— (loss-making)	12.7×	+63.41% (above 0%: growing)	n/m	−18.29% (below 0%: shrinking)	22.56%	(4.86%)	Compare
Median of peers	$2.4B	16.0×	17.4×	+3.55%	+20.52%	−8.74%	23.71%	6.77%

All 16 Recreational Vehicles stocks →

Thor Industries, Inc. (THO) key facts

Concern: Net income was $174.7 million, or $3.39 per share (basic), a net margin of 1.85%.
Thor Industries, Inc. (THO) is a Recreational Vehicles company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
Thor Industries, Inc.’s revenue for fiscal 2026 (year ended July 2026) was $9.6 billion, roughly unchanged from fiscal 2025.
As of October 9, 2026, THO traded at $63.87, a market capitalization of $3.4 billion.
At that price the stock trades at 18.8× trailing-twelve-month earnings and 0.3× sales; its P/E is higher than 62% of its own readings over the past ten years.
Thor Industries, Inc. pays an annual dividend of $2.08 per share, a yield of 3.26%, with a payout ratio of 61.4%.
Return on equity was 4.15% and debt-to-equity 0.20.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 3.45 (safe zone) for fiscal 2026.